.
Posted on 03/11/2002 7:16:01 AM PST by Elle Bee
Edited on 04/23/2004 12:04:16 AM PDT by Jim Robinson. [history]
Is the Peso too strong? Some inflation would be good for Mexico if it reflected rising wages.
ALAMOS, Mexico -- For a generation the big issue in Mexico has been the peso exchange rate; the inauguration of President Vicente Fox was the first since 1976 not involved with a currency crisis. But today Mexico has a new worry, that the peso is not too weak, but too strong.
(Excerpt) Read more at opinionjournal.com ...
.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.